This morning I closed the Bull-Call Spread. With a return of 34,04% the combination did not provide the expected return, but delivered a return nonetheless. The reasons why the Bull-Call Spread has been closed, and the levels that I currently keep an eye on, can be found here.
This is how I play my short position SPX, entered @ 2117, 1st target price 2055, stoploss 2083 and a trailing stop of 3% = 60 points. The Target Price 2055 is based on Elliot Wave 3-3-3-2 down and the Green Trendline, support @2045-55. The Stop Loss of 2083 is based […]